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Tuesday early morning Bitcoin and Ethereum market analysis and trading suggestions
Staying up late to monitor the market, every rise and fall affects every nerve. It's not that I work too hard; I understand this is a unique practice in the crypto world and a responsibility to the team. The price briefly surged to the resistance level after midnight, then pulled back, currently returning to the midline. Overall, it is in a phase of oscillation and adjustment. Continuous outflows of "mistress" funds may trigger a chain reaction, leading to a deep correction in price. The Federal Reserve's policy shift has been less than expected, macroeconomic conditions are worsening, and Bitcoin may adjust in tandem with risk assets like US stocks.
The daily chart is in a high-level oscillation, with moving averages flattening and Bollinger Bands narrowing, indicating a short-term bearish dominance; the hourly chart shows potential for a rebound testing resistance, but volume is insufficient.
Recommended: For Bitcoin, focus on short positions between 91,500-99,1400, with a target at 90,500.
For "mistress" positions, focus on short positions between 3,100-3,120, with a target at 3,050#Gate储备金报告 #我看好的中文Meme币 #GateFun马勒戈币暴涨1251.09%